In 2023, the import volume of vinegar and substitutes for vinegar from acetic acid to South Africa stood at 1.671 million kilograms. Based on the forecasted data, there is a positive growth trend observed from 2024 to 2028. The year-on-year variations indicate consistent growth:
- 2023 to 2024: 1.26% increase
- 2024 to 2025: 1.26% increase
- 2025 to 2026: 1.22% increase
- 2026 to 2027: 1.19% increase
- 2027 to 2028: 1.14% increase
Over the last five years, the compound annual growth rate (CAGR) is approximately 1.23% per year. This steady increase suggests a growing demand for vinegar and substitutes for vinegar derived from acetic acid in South Africa.
Future trends to watch for include potential shifts in consumer preferences towards organic or specialty vinegars, changes in trade policies that may affect import volumes, and the impact of local production capacities on import needs.
